search query: @author Beamish, P.W. / total: 11
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Author:Jung, J.C.
Beamish, P.W.
Goerzen, A.
Title:Dynamics of experience, environment and MNE ownership strategy
Journal:Management International Review
2010 : VOL. 50:3, p. 267-296
Index terms:multinational companies
transaction costs
foreign investment
direct investment
Japan
change
strategy
Freeterms:ownership
FDI
TCE
resource-based view
Language:eng
Abstract:This study explores the conditions under which environmental and firm-level factors affect MNE ownership strategy. It is theorized herein that these effects be related to changes over time, which is subdivided into the aspects of absolute and relative magnitude. Using longitudinal data on Japanese foreign direct investments (FDI), four hypotheses are developed and tested. At the environmental level, the use of international joint ventures (IJVs) is sgnificantly increased due to the proliferation of FDI opportunities. Increase in FDI experience has a significant positive effect on the use of IJVs at the firm level.
SCIMA record nr: 274927
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